Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe

Detalhes bibliográficos
Autor(a) principal: Neumann, Arne
Data de Publicação: 2011
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/4309
Resumo: This dissertation conveys a swot-analysis of options and futures, partially based on their fundamentals as described in the appendices, with regards to their convenience for an entry. Further, this convenience comparison is reinforced with a view to two of the world’s biggest derivative exchanges, Eurex and Liffe, and examines them in terms of their product lines, trading volume and transaction fees. All-encompassing, the analysis concludes that futures are the most convenient derivative for an entry on the derivative markets, which the analysis of two derivative exchanges substantiates. Additionally, Eurex slightly favours an entry with futures above Liffe, mainly due to higher trading volume and intercessional transaction fees. Apart from that neutral analysis, the studies of general information such as the comprehension of the market as well as price movements are basic prerequisites for an entry. This leads to the recommendable aspect that the convenience of futures need to be seen from a different angle under certain circumstances or scenarios such as personal preference, the level of risk-tolerance and personal wealth.
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spelling Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffeConvenienceOptionsFuturesEurexLiffeConveniênciaOpçõesFuturosThis dissertation conveys a swot-analysis of options and futures, partially based on their fundamentals as described in the appendices, with regards to their convenience for an entry. Further, this convenience comparison is reinforced with a view to two of the world’s biggest derivative exchanges, Eurex and Liffe, and examines them in terms of their product lines, trading volume and transaction fees. All-encompassing, the analysis concludes that futures are the most convenient derivative for an entry on the derivative markets, which the analysis of two derivative exchanges substantiates. Additionally, Eurex slightly favours an entry with futures above Liffe, mainly due to higher trading volume and intercessional transaction fees. Apart from that neutral analysis, the studies of general information such as the comprehension of the market as well as price movements are basic prerequisites for an entry. This leads to the recommendable aspect that the convenience of futures need to be seen from a different angle under certain circumstances or scenarios such as personal preference, the level of risk-tolerance and personal wealth.Esta dissertação parte de uma análise SWOT de opções e futuros, parcialmente baseados nos seus fundamentos como estão descritos nos apêndices, tendo em conta a conveniência da sua entrada. Mais à frente, esta comparação de conveniência é reforçada com uma visão de duas das maiores bolsas de produtos derivados do mundo, Eurex e Liffe, e examina-as em termos das suas linhas de produto, volume de negócios e custos de transacção. Abrangendo tudo isto, a análise conclui que os futuros são os produtos derivados mais convenientes para uma entrada nos mercados de derivados. A Eurex favorece ligeiramente uma entrada com futuros, mais do que a Liffe, principalmente devido a um volume de negócios superior e a custos de transacção intermédios. Fora dessa análise neutra, os estudos de informação, a compreensão do mercado, bem como as flutuações dos preços são pré-requisitos básico para uma entrada. Isto leva-nos a um aspecto recomendável de que a conveniência de futuros devem ser vistos de um outro ponto de vista, noutras circunstancias, ou cenários tais como, preferências pessoais , o nível de tolerância ao risco e riqueza pessoal.2013-01-04T12:10:36Z2011-01-01T00:00:00Z20112011-04info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/4309engNeumann, Arneinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:41:51Zoai:repositorio.iscte-iul.pt:10071/4309Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:19:31.216592Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
title Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
spellingShingle Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
Neumann, Arne
Convenience
Options
Futures
Eurex
Liffe
Conveniência
Opções
Futuros
title_short Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
title_full Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
title_fullStr Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
title_full_unstemmed Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
title_sort Assembly and preparation for the derivative market: a convenience comparison between financial options and futures with view to the eurex and liffe
author Neumann, Arne
author_facet Neumann, Arne
author_role author
dc.contributor.author.fl_str_mv Neumann, Arne
dc.subject.por.fl_str_mv Convenience
Options
Futures
Eurex
Liffe
Conveniência
Opções
Futuros
topic Convenience
Options
Futures
Eurex
Liffe
Conveniência
Opções
Futuros
description This dissertation conveys a swot-analysis of options and futures, partially based on their fundamentals as described in the appendices, with regards to their convenience for an entry. Further, this convenience comparison is reinforced with a view to two of the world’s biggest derivative exchanges, Eurex and Liffe, and examines them in terms of their product lines, trading volume and transaction fees. All-encompassing, the analysis concludes that futures are the most convenient derivative for an entry on the derivative markets, which the analysis of two derivative exchanges substantiates. Additionally, Eurex slightly favours an entry with futures above Liffe, mainly due to higher trading volume and intercessional transaction fees. Apart from that neutral analysis, the studies of general information such as the comprehension of the market as well as price movements are basic prerequisites for an entry. This leads to the recommendable aspect that the convenience of futures need to be seen from a different angle under certain circumstances or scenarios such as personal preference, the level of risk-tolerance and personal wealth.
publishDate 2011
dc.date.none.fl_str_mv 2011-01-01T00:00:00Z
2011
2011-04
2013-01-04T12:10:36Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/4309
url http://hdl.handle.net/10071/4309
dc.language.iso.fl_str_mv eng
language eng
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instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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